Trinity Capital Inc. (TRIN) Financial Statements

Income statement

Metric	TTM	2025	2024	2023	2022
Revenue
Total Revenue	286.4M	232.3M	237.4M	174.8M	43.5M
Cost of Revenue	38.3M	—	61.9M	33.1M	34.1M
Gross Profit	248.1M	232.3M	175.5M	141.7M	9.4M
Operating Expenses
R&D Expense	—	—	—	—	—
SG&A Expense	18.0M	17.9M	14.2M	12.0M	10.2M
General & Admin Expense	18.0M	17.9M	14.2M	12.0M	10.2M
Selling & Marketing Expense	—	—	—	—	—
Other Expenses	(5.4M)	(1.9M)	43.0M	—	27.2M
Total Operating Expenses	12.6M	16.1M	57.2M	12.0M	37.4M
Cost and Expenses	50.9M	16.1M	119.2M	45.1M	71.5M
Operating Income (EBIT)	235.5M	216.2M	118.3M	129.7M	(28.0M)
Non-Operating
Interest Income	243.0M	293.7M	226.7M	174.8M	138.8M
Interest Expense	93.7M	80.6M	61.9M	44.3M	34.1M
Net Interest Income	149.2M	213.1M	164.8M	130.5M	104.7M
Other Non-Op Income/Expense	(66.4M)	(80.6M)	—	(50.3M)	—
Non-Operating Income (excl Interest)	—	—	—	1.00	—
EBT (Pre-Tax Income)	169.1M	135.6M	118.3M	79.5M	(28.0M)
Income Tax Expense	1.3M	—	2.7M	2.6M	2.4M
Bottom Line
Net Income	167.8M	135.6M	115.6M	76.9M	(30.4M)
Earnings from Cont. Ops	167.8M	135.6M	115.6M	76.9M	(30.4M)
Earnings from Discont. Ops	—	—	—	—	—
Bottom Line Net Income	167.8M	135.6M	119.2M	80.5M	(30.4M)
Per Share
Basic EPS	$1.92	$1.96	$2.19	$2.07	($0.96)
Diluted EPS	$1.92	$1.96	$2.10	$1.89	($0.96)
Revenue Per Share	$3.17	$3.35	$4.51	$4.49	$1.37
Shares
Basic Shares Outstanding	90.5M	69.3M	52.7M	38.9M	31.7M
Diluted Shares Outstanding	90.5M	69.3M	56.7M	42.7M	31.7M
Profitability Metrics
EBITDA	235.5M	216.2M	118.3M	—	(24.2M)
D&A	—	—	—	(129.7M)	3.8M
EBIT	235.5M	216.2M	118.3M	129.7M	(28.0M)

As reported, in the filing currency · TTM sums the four latest quarters; MRQ is the latest quarter · Negatives in parentheses; a dash is a line the filing does not carry · Data as of Jun 1, 2026